The Department of Traffic is considering three improvement plans for a heavily traveled road within the city. The road improvement is expected to achieve three goals: improve travel speeds, increase safety, and reduce operating expenses for motorists. The annual dollar value of savings compared with existing conditions for each criterion and additional construction and maintenance costs is shown in Table 1. If the economic life of the road is considered to be. ble 1: Cost and Benefits for Improvement Plans concerning Existing Conditions Alternative Construction Annual Annual Annual Annual Cost ($) Saving Cost Travel Time Operation Maintenance in Benefits($) Saving($) Cost($) Accidents($) 185.000 5000 3000 300 1500
The Department of Traffic is considering three improvement plans for a heavily traveled road within the city. The road improvement is expected to achieve three goals: improve travel speeds, increase safety, and reduce operating expenses for motorists. The annual dollar value of savings compared with existing conditions for each criterion and additional construction and maintenance costs is shown in Table 1. If the economic life of the road is considered to be. ble 1: Cost and Benefits for Improvement Plans concerning Existing Conditions Alternative Construction Annual Annual Annual Annual Cost ($) Saving Cost Travel Time Operation Maintenance in Benefits($) Saving($) Cost($) Accidents($) 185.000 5000 3000 300 1500
Traffic and Highway Engineering
5th Edition
ISBN:9781305156241
Author:Garber, Nicholas J.
Publisher:Garber, Nicholas J.
Chapter11: The Transportation Planning Process
Section: Chapter Questions
Problem 12P
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